ETERNAL LIMITED — Important, 01-05-2025: Updates

Eternal Limited has announced a board meeting on approval of the financial results for the quarter and half-year. Consolidated net order value surged 53% YoY to ₹17,440 Cr, driven by record addition of 294 quick commerce stores. Hyperpure (B2B) revenue nearly doubled with 93% growth. Adjusted EBITDA declined 15% YoY to ₹165 Cr due to higher quick commerce investments amid stiff competition. Food delivery margins improved but growth was affected by softer demand and delivery partner shortages. The company aims to enhance margins by leveraging its Indian Owned status to explore inventory ownership.